The Economic and Social Review, Vol. 37, No. 1, Spring, 2006http://hdl.handle.net/2262/620202018-05-24T19:34:21Z2018-05-24T19:34:21ZEmployment and inflation responses to an exchange rate shock in a calibrated modelBermingham, Colinhttp://hdl.handle.net/2262/610142016-09-09T18:48:42Z2006-01-01T00:00:00ZEmployment and inflation responses to an exchange rate shock in a calibrated model
Bermingham, Colin
Ireland has no ability to affect the exchange rate through interest rates following the adoption of the euro. This paper provides a theoretically transparent method for analysing the impact of an exchange rate shock on employment and the aggregate price level in this context. The split between the tradable and non-tradable sectors of the economy is highlighted. The model is used to examine a specific exchange rate shock. The results of this calibration suggest that a sustained increase of 15 per cent in the value of the euro would reduce employment by 1.5 per cent and the domestic price level by about 7.3 per cent.
2006-01-01T00:00:00ZThe economic consequences of the Doha Round for IrelandMatthews, AlanWalsh, Keithhttp://hdl.handle.net/2262/608462016-09-09T18:22:54Z2006-01-01T00:00:00ZThe economic consequences of the Doha Round for Ireland
Matthews, Alan; Walsh, Keith
This paper provides a quantitative study of the economic effects of a stylised simulation
of trade liberalisation for Ireland using the GTAP model. The experiment incorporates the liberalisation of agricultural, manufacturing and services trade as well as measures to improve trade facilitation. The simulation is implemented against a baseline projection of the Irish and world economy over the next decade. Overall, Ireland?s welfare will increase as a result of further trade liberalisation, with particularly strong gains from services liberalisation. The industrial liberalisation scenario also generates positive gains to Ireland, while agricultural liberalisation has a slightly negative effect on the overall economy.
2006-01-01T00:00:00ZGP utilisation in Northern Ireland: exploiting the gatekeeper functionMcGregor, PatMcKee, PatO'Neill, Ciaranhttp://hdl.handle.net/2262/600462016-09-09T18:17:06Z2006-01-01T00:00:00ZGP utilisation in Northern Ireland: exploiting the gatekeeper function
McGregor, Pat; McKee, Pat; O'Neill, Ciaran
Using data from the Northern Ireland Household Panel survey we demonstrate that
attendance at outpatients is determined solely by respondent health. This is consistent with the GP acting as a gatekeeper to other services. Attendance thus provides valuable information on illness severity. Splitting the sample into two statistically distinct groups, we estimate ordered probit regressions of GP utilisation with and without sample selection. The results indicate that ignoring outpatient attendance may result in misspecification. Further, if health is more fully measured, age becomes redundant as a determinant of utilisation and service supply, particularly accident and emergency use, is seen as a significant determinant in explaining GP visits.
2006-01-01T00:00:00ZThe labour market characteristics and labour market impacts of immigrants in IrelandBarrett, AlanBergin, AdeleDuffy, Davidhttp://hdl.handle.net/2262/599722016-09-09T17:54:29Z2006-01-01T00:00:00ZThe labour market characteristics and labour market impacts of immigrants in Ireland
Barrett, Alan; Bergin, Adele; Duffy, David
The purpose of this paper is twofold. We first produce a labour market profile of non-
Irish immigrants who arrived in Ireland in the ten years to 2003. We then go on to use the labour market profile in estimating the impact of immigration (non-Irish) on the Irish labour market. Immigrants are shown to be a highly educated group. However, they are not all employed in occupations that fully reflect their education levels. The model of the labour market that we use to simulate the impact of immigration differentiates between low-skilled and high-skilled labour. This allows us to estimate the impact of immigrants (a) if they were employed at a level fitting their education and (b) if they were employed in occupations below their educational level. Our results show that under scenario (a) immigrants who arrived between 1993 and 2003 increased GNP by between 3.5 and 3.7 per cent, largely by lowering skilled wages by around 6 per cent and increasing Ireland?s competitiveness. Under scenario (b), the increase in GNP is reduced to 3 per cent because the impact on skilled wages is lower. If we assume that immigration is primarily unskilled, the impact on earnings inequality found under (a) and (b) is reversed.
2006-01-01T00:00:00Z